Cue Health Inc (HLTH) Stock Soars 2.18% in Latest Session, Outperforming Industry – Earnings Report Expected in May

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Cue Health Inc (NASDAQ:HLTH)’s traded shares stood at 0.41 million during the last session, with the company’s beta value hitting 1.28. At the close of trading, the stock’s price was $0.15, to imply an increase of 2.18% or $0.01 in intraday trading. The HLTH share’s 52-week high remains $1.28, putting it -753.33% down since that peak but still an impressive 6.67% since price per share fell to its 52-week low of $0.14. The company has a valuation of $23.00M, with an average of 508.10K shares over the past 3 months.

After registering a 2.18% upside in the last session, Cue Health Inc (HLTH) has traded red over the past five days. The stock hit a weekly high of 0.1758, jumping 2.18% in its intraday price action. The 5-day price performance for the stock is -10.76%, and -19.52% over 30 days. With these gigs, the year-to-date price performance is -10.71%.

Looking at statistics comparing Cue Health Inc share performance against respective industry, we note that the company has outperformed competitors. Cue Health Inc (HLTH) shares are -63.82% down over the last 6 months, with its year-to-date growth rate higher than industry average at 53.69% against 20.30%.

Cue Health Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Cue Health Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

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Shreya Gupta
Shreya Gupta
Shreya Gupta is an insightful author at The Reportify who dives into the realm of business. With a keen understanding of industry trends, market developments, and entrepreneurship, Shreya brings you the latest news and analysis in the Business She can be reached at shreya@thereportify.com for any inquiries or further information.

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